The hotel giant says it has seen a pick-up in business travel as the sector shows signs of recovery.
SHANGHAI Reuters) - Polestar, the premium electric vehicle maker owned by China's Geely, plans a big expansion of its showroom network in the mainland, sources said, as it prepares for delivery of cars to compete with Tesla Inc's locally made Model 3.
Southwest Airlines Co on Monday extended buyout packages and temporary paid leaves to employees in what its chief executive said was an effort to "ensure survival" as the carrier braces for a slow recovery from the coronavirus pandemic, according to documents detailing the packages that were seen by Reuters.
"Fortunately, all of our employees have been safe," Chipotle CEO Brian Niccol said in a "Mad Money" interview.
Oil prices rose in early trade on Tuesday, with traders waiting to see whether major crude producers agree to extend their huge output cuts to shore up prices at a meeting expected later this week.
Tens of thousands of workers lined up before dawn to return to work at automotive factories along Mexico's northern border on Monday, the first day that industries joined the country's list of essential activities beginning to reopen.
Asian stocks were set to come under pressure on Tuesday following a dip in Wall Street futures as U.S. President Donald Trump vowed to use force to end violent protests in American cities, souring a previously upbeat market mood.
Supply of new properties for rent is not keeping up with demand, property giant Rightmove says.
Black employment rates are plummeting, and the evolving wealth and income hit could fall on the shoulders of those ill-equipped to bear it.
The "Mad Money" host worries how the nationwide protests, which he generally supports, could impact the fight against coronavirus.
"Mad Money" host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed.
Boeing Co has taken former partner Embraer SA to arbitration over a failed $4.2 billion deal, the Brazilian planemaker said in a securities filing on Monday night.
Facebook employees walked away from their work-from-home desks on Monday and took to Twitter to accuse Chief Executive Mark Zuckerberg of inadequately policing U.S. President Donald Trump's posts as strictly as the rival platform has done.
The surgical masks used in risky settings like hospitals offer much less protection against the coronavirus, an analysis found.
The charity has not confirmed which shops will open first, but says it is keen to start work again.
My wife and I don't for one minute pretend to know what it's like to be black, but we know we want to be part of the solution for our adopted little girl.
Unemployment is soaring to levels unseen since the 1930s Great Depression as Congress debates another $3tn aid package
The ongoing coronavirus pandemic will haunt the US economy for a decade, wiping close to $8tn off economic growth, according to new projections released by the Congressional Budget Office (CBO) on Monday.
In a letter to lawmakers CBO director Phillip Swagel projected the virus will reduce US economic output by 3% through 2030, a loss of $7.9tn.Continue reading...
Brian P. Brooks, the acting head of the Office of the Comptroller of the Currency, warned state and local leaders that requiring face masks could help bank robbers.
Ryanair Holdings Plc and Chief Executive Michael O'Leary failed to persuade a U.S. judge to dismiss a securities fraud lawsuit accusing Europe's largest budget airline of defrauding them by downplaying its willingness to recognize labor unions.
Many retailers and restaurants hit by the coronavirus pandemic were just starting to reopen. Now, nationwide protests prompted by the death of George Floyd have resulted in shattered storefronts, looting and forced many doors back shut.
In the universe of false online information, George Floyd remains alive and George Soros is to blame for the protests.
Visa Inc's total U.S. payments volume fell at a much slower pace in May from the previous month, indicating that consumer spending was picking up as the government starts to ease coronavirus-induced lockdowns.
U.S. public companies sold more than $60 billion in shares in May, the biggest monthly haul ever, as they capitalized on a stock market rally fueled by hopes that the COVID-19 pandemic is subsiding.
Even as major chains boarded up stores and halted operations, they largely sought to convey empathy for demonstrators and did not condemn the damage to their businesses.
They’re requiring masks, taking temperatures and speeding check-ins. But as one travel expert put it, “So much is uncertain right now.”
While many in the country abhor the kind of harassment Hana Kimura endured before her apparent suicide, some warn that cracking down on it could also chill rising internet activism.
U.S. stocks posted gains on Monday as signs of U.S. economic recovery helped offset jitters over increasingly violent social unrest amid an ongoing pandemic and rising U.S.-China tensions.
Newark, New Jersey’s largest city, made no arrests and reported only minimal property damage during a weekend march.
Currently, restaurants and nonessential retailers in New Jersey are only allowed to provide curbside service.
‘I’ve really never seen anything like this’: Reporters and news photographers describe being roughed up, arrested and shot by projectiles while covering demonstrations across the country.